Draganfly Investments Regulatory News (DRG)

30 May 2017

Draganfly Investments Limited

("Draganfly" or the "Company")

Board Appointment

As part of its strategy to build shareholder value, Draganfly is pleased to announce that it has appointed Luke Bryan, a mining engineer, to the Board as Executive Chairman with effect from 1 June 2017. Edward Bayman will step down from the role of chairman but will continue on the board as a director.

Luke is a mining engineer with over 20 years of international experience. He currently serves as technical director of Kodal Minerals plc, an AIM quoted mineral exploration and development company. He previously served as chief executive officer of North River Resources and prior to that he worked as an independent consultant. Luke has worked throughout Africa, Australia, the Former Soviet Union and Europe.

Edward Bayman, Chairman of Draganfly, commented:

"We are pleased to welcome Luke to the Board as a number of the opportunities we are considering are in the resource sector and Luke's background will be invaluable in assisting the Board to evaluate these."

Further information on Luke Bryan

Luke Robert Bryan, aged 50, is currently a director of the following companies:

· Kalahari Metals Limited

· Kodal Minerals plc

· Kodal Norway (UK) Limited

· Stannum Resources Limited

· Vardar Minerals Limited

· Vardar Geoscience Limited

· Vardar Geoscience Kosovo LLC

· Vardar Geoscience Bulgaria EOOD

· Vardar Minerals Europe 1 EOOD

· Vardar Minerals Europe 2 EOOD

· Vardar Minerals Europe 3 EOOD

In the past five years, he has been a director of the following companies:

· Craton Diamonds (Proprietary) Limited

· North River Resources plc

· North River Resources (Mavuzi) Limited

· North River Resources (Murrupla) Limited

· Novoco Mine Engineering Limited

· West Africa Gold Exploration (Namibia) (Pty) Limited

Luke does not currently hold any shares in the Company.

The Company confirms that there is no other information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

T Edward G Bayman +44 (0) 1534 787898

Dennis Edmonds +44 (0) 7796 338 372

Jon Belliss

Beaufort Securities Limited (Broker) +44 (0) 20 7382 8300

Tom Price/David Hignell

Northland Capital Partners (Nominated Adviser) +44 (0) 20 3861 6625